ADALend CEO Declares DeFi Platforms the Key to Government Overreach

In light of the recent events in the US, Russia, and Canada, the cryptocurrency community has been in a frenzy. The social media forums have been bustling with many crypto developers, investors, and analysts giving their takes on what may be the fate of the crypto sphere in the coming days. 

One of the concerned individuals speaking out on what the market has to focus on at this time of macroeconomic and political events is ADALend’s CEO Kaspars Koskins. In his recent interview, the founder of the scalable and decentralized lending protocol touched on some of the alarming issues in the crypto world.

Some may see doom coming for the crypto space, contrarily, Koskins feels otherwise. To him, this is the time the world should embrace Decentralized Financial platforms more than ever. He believes that the recent turbulence the SEC and the Canadian Government hurled at most centralized digital assets platforms should be an eye-opener.

A little introduction of the ADALend protocol may help you better understand his angle and why he feels DeFi is the way to go. ADALend is one of the pioneering scalable, trustless, and decentralized lending protocols that protect its users within a self-governed environment.

Built on the Cardano blockchain, ADALend’s team aspires to bring back the balance of power between lenders and borrowers. They will do so by enabling the use of digital assets as collateral. Also, they will aggregate protocols that support business models providing economic support to billions of users.

Hoskins notes that Decentralized Financial platforms like ADALend are a pathway for people to earn a decent interest rate. He points out that it will eliminate the stress of worrying about the Government attacking the platform as they did with centralized crypto lenders — BlockFi, Nexo Celsius, and others.

Interestingly, Hoskins discloses that they are exploring offering regulated centralized lending services in jurisdictions they operate in. To him, this will offer slightly lower interest rates and yield than on the ADALend platform.

Kaspars Koskins reiterates that he and his team have adopted two-pronged strategies of launching a DeFi protocol and a CeFi business in parallel globally. With this, it resolves to provide financial inclusion, security, and wealth protection for savers and investors of all sizes.

ADALend’s value proposition is even more compelling with each misstep and overreach of the Government. This is because these situations only accelerate the need for a platform that protects the hard-earned savings of ordinary and hard-working people worldwide.

Additionally, Koskins excitedly recounts recently onboarding a new CTO — Ali Krynitsky. He believes Ali will strengthen the development team with his several years of operational experience leading enterprise and consumer software development and technology projects.

Koskins concludes that another program on their list at the moment is their upcoming public IDO launch in early March. ADALend is currently at the final phase of its private sale that will end on February 28, 2022.

Afterward, the IDO will begin in the first week of March and a limited number of ADAL tokens will be sold across several launchpads in parallel. With this, ADAL will be listed on numerous exchanges.

To learn more about the ADALend mission, and to register interest for the final allocation of discounted private sale tokens, you can email: privatesale@adalend.finance with the subject line: CEO INTERVIEW. The ADALend team will add you to the priority list and get back to you ASAP.

● To learn more about ADALend please visit: https://adalend.finance/
● Join the Discord Channel: https://discord.gg/afTpq4mQRG
● Find more details of the Private Round: http://privatesale@adalend.finance

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